Remove Czech Republic Remove Future Remove Global Remove Production
article thumbnail

Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

Hyundai 370
article thumbnail

Czech government, ?EZ sign MOU on $2.4B, 40GWh gigafactory; ?EZ lithium mine project progressing

Green Car Congress

billion) in the project, with an annual production capacity of 40 GWh. The automotive industry is the cornerstone of the Czech economy and its share in our GDP is almost 10 percent. Now, in line with our Country for the Future strategy, we need to take steps to move it to the next level.

article thumbnail

Volkswagen extends production of ID.3 EV to Gläserne Manufaktur in Dresden

Green Car Congress

3 is the first model in the latest generation that Volkswagen is putting on the road under its global electric offensive. The Gläserne Manufaktur will evolve into a Center of Future Mobility where innovative technologies are developed and tested in collaboration with industry partners and startups. Series production of the ID.3

article thumbnail

Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

Green Car Congress

Ford is targeting zero emissions for all vehicle sales and carbon neutrality across its European footprint of facilities, logistics and suppliers by 2035, and carbon neutrality globally no later than 2050. The order volume concentrates on the E-Transit panel vans designed for handling express shipments in the Americas and Europe.

article thumbnail

ZF has begun delivery of cubiX software for intelligent chassis control

Green Car Congress

In the beginning of 2023, the first production vehicles with the new ZF cubiX software have been rolling on the roads: The Lotus Eletre electric SUV from the Geely Group has been delivered to the first customers since February. Further production start-ups of the innovative ZF software will follow from 2023.

article thumbnail

Volkswagen Group China building battery system factory in Anhui to strengthen BEV value chain

Green Car Congress

Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). With an area of more than 45,000 square meters, the plant will be located next to the production facilities of Volkswagen Anhui, Volkswagen’s first majority-owned joint venture for all-electric vehicles.

China 186
article thumbnail

Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). Production. The proportion of global EV production is set to increase from 8% this year to 34% in 2030.

Hyundai 284